A U G U S T / S E P T E M B E R 2 0 1 7
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FPRGF-OTC] has acquired one of Canada's
most established VMS mining districts, the
Rouyn Noranda Mining Camp, includ-
ing the Horne Mine Complex area (birth
place of Noranda) and 13 other former
producers. The company has completed a
NI 43-101 resource update, a positive PEA
and is now working on a feasibility study
and an Environmental Assessment Report.
Fieldex Exploration Inc. [FLX-TSXV]
halted for merger.
Focus Graphite Inc. [FMS-TSX; FCSMF-
OTCQB; FKC-FSE] has a 100% interest in
the Lac Knife crystalline flake graphite
deposit located in the Côte Nord region.
At approximately 15% graphitic carbon,
Lac Knife is one of the highest-grade flake
graphite deposits in the world. An updated
resource calculation released in January
2014 showed battery-grade measured and
indicated resources of 9,576,000 million
tonnes grading 14.77% graphitic carbon,
with inferred resources of 3,102,000 tonnes
grading 13.25% carbon.
Genesis Metals Corp. [GIS-TSXV;
GGISF-OTC] has begun a drill program at
the Chevrier gold project 35 km south of
Chibougamau. The company plans to drill a
minimum of 10,000 metres in approximately
45 holes during the 2017 field season. The
objectives of the drill program are to test
new target areas and evaluate areas for
possible expansion of the Main Zone. A
trenching program is also underway.
Gespeg Resources Ltd. [GCR-TSXV]
specializes in projects located in the Gaspé
Peninsula of southeast Québec. The com-
pany has a 50% interest in the Montauban
tailings project that has a large stockpile
from a past-producing gold-copper-mica
mine. Plans call for installation of a spiral
concentrator, ball mill and cyanide pro-
cessing facility. Some equipment will be
transported from Val d'Or. In addition,
the property has 65 claims attached with
known gold showings and a NI 43-101 com-
pliant resource of 100,000 ounces of gold.
Sylvain Laberge told Resource World he
hopes tailing treatment can start in about 18
months, the revenues of which to be used
to fund other Gaspé copper exploration
projects; namely the Vortex, Port Daniel,
Murdochville A-B, In Between, and R-Jean.
